24/7 Market News Snapshot 04 August, 2025 – Verb Technology Company, Inc. Common Stock (NASDAQ:VERB)
DENVER, Colo., 04 August, 2025 (www.247marketnews.com) – (Nasdaq:VERB) are discussed in this article.
Verb Technology Company, Inc. (Nasdaq:VERB) is witnessing a robust surge in market activity, recently trading at $18.464, a staggering increase of over 94% from its previous closing price of $9.510. The company’s trading volume has reached 2.67 million shares, reflecting significant investor enthusiasm and confidence in its innovative initiatives. This bullish trend marks an exciting phase for Verb as it explores new opportunities in the rapidly evolving realm of video communication technology.
Amid this momentum, Verb announced the successful pricing of an upsized and oversubscribed Private Investment in Public Equity (PIPE) transaction, poised to generate approximately $558 million in gross proceeds. This strategic move positions Verb at the forefront of financial innovation as it transitions to a new brand identity—Ton Strategy Co. (TSC)—and aims to become the first publicly traded treasury reserve for Toncoin ($TON), the native cryptocurrency of The Open Network (TON) blockchain.
The PIPE offering attracted participation from over 110 institutional and crypto-native investors, including prominent firms such as Vy Capital, Blockchain.com, Ribbit Capital, and Graticule (GAMA). Set to close on or around August 7, 2025, this transaction underscores the strong backing Verb has received, enabling the company to play a significant role in the cryptocurrency ecosystem.
Rory J. Cutaia, CEO of Verb, emphasized the alignment of this initiative with the company’s goal of driving innovation in digital commerce. Meanwhile, Manuel Stotz, Executive Chairman and Founder of Kingsway Capital, highlighted the unique potential of $TON within platforms like Telegram, which boasts a user base exceeding one billion.
As Verb Technology transitions under the ticker “VERB” on the Nasdaq, it prepares to unveil further details regarding its treasury strategy and governance measures, reinforcing its commitment to transparency and growth within the digital asset landscape.
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